Pan African Resources PLC (PAF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning to all of you and a warm welcome to our 2024 final results presentation. Thank you very much for taking time out of your schedules to join us today. We will keep the presentation fairly brief with an opportunity for questions afterwards. Joining me in presenting today will be Dionne Lowe, our Financial Director. you are welcome to refer to our SENS RNS announcements and to the supplementary information available on the Pan-African website, should you require detail not dealt with in today's presentation. Please note the disclaimers and information on forward-looking statements on slides 2 and 3. Pan-African strategy is to position ourselves as a safe and sustainable high-margin and long-life gold producer. I believe the last year again demonstrated Pan-African's resilience, our ability to generate attractive returns on our assets, to grow in a responsible and value-creative manner, and to continue to pay a sector-leading dividend to our shareholders. In terms of dividends, we have paid almost $200 million to shareholders in the last 10 years. Today also marks the 10th instance that I am presenting year-end results as Pan-African CEO. Reflecting on the last decade, it would be fair to say the group on occasion experienced tumultuous times. We don't get everything right all of the time. I think that is not possible in business and certainly not in mining. What is, however, critical is to demonstrate tangible value creation for all stakeholders over the long term. And I believe Pan African can be proud of our record in this regard. Today we have the added tailwind of a gold price pretty much at record highs in US dollar and Rand terms, and also a generally bullish view in the market on the metal short and medium term prospects. Let me assure you that the go...